[November 03, 2009] NTT Communications completes acquisition of Pacific Crossing Tweet Nov 03, 2009 (Datamonitor via COMTEX) -- Pacific Crossing, an operator of trans-Pacific undersea cable network, PC-1, has completed the acquisition of 100% of its shares by NTT Communications. NTT Communications with the completion of the deal, will control the PC-1 trans-Pacific cable. By combining PC-1 capacity with NTT Com's domestic and international network, NTT Com can offer customers, both in the enterprise and carrier markets, the quality network services between Asia, Japan and the US. NTT Com will retain the Pacific Crossing management team and Pacific Crossing will continue as a business within the NTT Communications group selling network capacity in the wholesale carrier marketplace. Pacific Crossing's customers will see an immediate extension of network reach beyond PC-1 with extended domestic capability in Japan and the US as well as the ability to leverage NTT Com's international network to offer turnkey solutions for Asia to US connectivity. Mark Simpson, president and CEO of Pacific Crossing, said: "We are extremely excited about what the future holds for Pacific Crossing and our existing and future customers now that we are part of NTT Communications. The majority of traffic between Asia and the US transits through Japan and this will continue to be the case. "With so much content being delivered between Asia and the US, and with Japan as the primary interconnection point, NTT Com's huge Japan domestic and international network reach will allow our trans-Pacific customers unparalleled access to all of Asia." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]